Indium Market News in Brief
The indium market is inactive recently on thin business and enquiry. Many participants are far away from the market, while cusomers are relunctant to purchase cargoes with large stock. Indium prices continue to slip.
Applications for 2012 China indium export quotas begin
Beijing has lifted the threshold for new applicants who are going to apply indium export quota for 2012 for the first time, according to the sources released by China’s Ministry of Commerce (MOC) on Nov 11, 2011. Standards for the new applicants are different according to each company’s average indium production data in the past three years. For the base metal smelters, their average indium annual production should be at least 12 tonnes in the past 3 years, raised from…
More Indium Buyers From Local China and Abroad as Many Bull News
From Indium Branch of China Nonferrous Metals Industry Association Some features about the present indium market are concluded as follows: The indium sopt market is tight as a result of the cut production. 4N5 Indium ingot was trading at 3,500-3,600 yuan per kg and 2N Crude Indium at 3,200-3,300 yuan per kg several days ago, considering the high cost, many manufacturers cut production or even stop production. The supply becomes tight and it is hard to find materials though there…
Industry Information
The Ministry of Commerce of P.R.C released Announcement for the export quota quantity for Agricultural and Industrial products for 2012 on Nov 31th, 2011 showing exoprt quantity for indium ingot and indium products in 2012 is 231 tons, 2 tons less compared with 2011. China have applied Idnium Export Quota License Administration since Jun 18th, 2007 and its quota quantity in recent years are as follows: 240 tons in 2008 233 tons in 2009 233 tons in 2010 233 tons…
News in Brief
Chinese indium market is seem to be marked active with more enquries. The suppliers are relunctant to sell indium and some of them even stop offering. The market supply is tight. Business for 4N5 Indium Ingot is now being done at RMB4000/kgs.
